Gross domestic savings (current LCU) in Cape Verde
Cape Verde: Gross domestic savings (current LCU) was 18.04 billion current LCU in 2025. ▼ Falling
Gross domestic savings in Cape Verde, 2007–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross domestic savings in Cape Verde is 18.04 billion current LCU, measured in 2025.
That represents a change of up 36.7% on the previous year and down 40.3% over ten years.
Over the whole period, gross domestic savings in Cape Verde peaked at 34.91 billion current LCU in 2008 and was at its lowest, -3.84 billion current LCU, in 2021.
Cape Verde ranks 125th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Gross domestic savings (current LCU) in Cape Verde, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 27.34 billion current LCU | — |
| 2008 | 34.91 billion current LCU | +27.7% |
| 2009 | 28.13 billion current LCU | -19.4% |
| 2010 | 30.36 billion current LCU | +7.9% |
| 2011 | 32.62 billion current LCU | +7.5% |
| 2012 | 32.17 billion current LCU | -1.4% |
| 2013 | 31.77 billion current LCU | -1.2% |
| 2014 | 30.84 billion current LCU | -2.9% |
| 2015 | 30.21 billion current LCU | -2.1% |
| 2016 | 29.73 billion current LCU | -1.6% |
| 2017 | 26.11 billion current LCU | -12.2% |
| 2018 | 27.50 billion current LCU | +5.3% |
| 2019 | 29.37 billion current LCU | +6.8% |
| 2020 | 2.04 billion current LCU | -93.1% |
| 2021 | -3.84 billion current LCU | -288.3% |
| 2022 | 5.31 billion current LCU | -238.4% |
| 2023 | 13.40 billion current LCU | +152.2% |
| 2024 | 13.19 billion current LCU | -1.5% |
| 2025 | 18.04 billion current LCU | +36.7% |
Cape Verde compared with similar countries
- Cape Verde's 18.04 billion current LCU is below the median for upper middle income countries, which is 263.83 billion current LCU, 7% of the median. (52 countries reporting)
- Cape Verde's 18.04 billion current LCU is below the median for Sub-Saharan Africa, which is 714.47 billion current LCU, 3% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -288.3% | 2.04 billion current LCU | -3.84 billion current LCU |
| 2022 | +238.4% | -3.84 billion current LCU | 5.31 billion current LCU |
| 2023 | +152.2% | 5.31 billion current LCU | 13.40 billion current LCU |
| 2020 | -93.1% | 29.37 billion current LCU | 2.04 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.13 billion current LCU | 27.34 billion current LCU | 34.91 billion current LCU | 3 |
| 2010s | 30.07 billion current LCU | 26.11 billion current LCU | 32.62 billion current LCU | 10 |
| 2020s | 8.02 billion current LCU | -3.84 billion current LCU | 18.04 billion current LCU | 6 |
Countries ranked near Cape Verde
More economy & growth data for Cape Verde
- SDRs holdings, US dollar, annual growth rate 300.47 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.7172 units per person (2025)
- SDRs holdings, SDR, annual growth rate 281.36 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.5237 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.54 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0089 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 51.68 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4522 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Cape Verde?
- Gross domestic savings in Cape Verde was 18.04 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Cape Verde?
- The highest recorded value was 34.91 billion current LCU in 2008.
- What is the lowest gross domestic savings recorded in Cape Verde?
- The lowest recorded value was -3.84 billion current LCU in 2021.
- How does Cape Verde rank for gross domestic savings?
- Cape Verde ranks 125th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Cape Verde?
- Over the last ten years it is down 40.3%. The long-run trend across the full record is falling.
- Where does this Cape Verde data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.